Plainwell, Kalamazoo County, Michigan Property Taxes
Median Plainwell, MI effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Plainwell, MI home value: $233,000
Median annual Plainwell, MI tax bill: $887, $1,513 lower than the national median property tax bill of $2,400.
How are property taxes in Kalamazoo calculated?
Property taxes in Plainwell, MI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Plainwell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Plainwell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Plainwell, Kalamazoo County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$909
$843
Property Tax Rates Across Plainwell, Kalamazoo County, Michigan
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Plainwell, located in Kalamazoo County, the property tax rate is notably different from other cities in Michigan. With a median property tax rate of 0.39%, it stands well below the national median of 1.02%. This lower rate can be appealing for property owners looking to reduce their annual tax burden. Compared to the U.S. median property tax bill of $2,400, the potential savings in Plainwell can be significant. By understanding these rates and how they are calculated, property owners can make informed decisions about where to purchase or maintain properties. This knowledge is crucial for anyone looking to optimize their property investments and manage their expenses effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Plainwell Tax Rate
0.39%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Kalamazoo County Tax Rate
0.87%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Plainwell, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49080 | 0.33% | 0.36% | 0.39% | 0.43% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Plainwell, Kalamazoo County, Michigan
When examining property taxes in Plainwell, MI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Kalamazoo County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Kalamazoo County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Plainwell. For example, the median home price in Plainwell is $233,000, with tax bills ranging significantly across the county. Zip code 49080 has the highest median home price at $233,000.
Property Tax Assessment Values Across Plainwell, Kalamazoo County, Michigan
Source: Ownwell
$78,800
$232,650
$386,500
Median Plainwell Market Value
$233,000
Median Kalamazoo County Market Value
$197,650
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Plainwell, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49080 | $132,420 | $168,600 | $233,000 | $306,200 | $397,480 |
Source: Ownwell
Property Tax Bills Across Plainwell, Kalamazoo County, Michigan
In Plainwell, located in Kalamazoo County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors such as changes in the real estate market, local government budgets, and voter-approved measures can influence the assessed value and tax rate, impacting the final tax bill for homeowners. In Plainwell, the median property tax bill is $887, significantly lower than the national median of $2,400. However, homeowners in the 90th percentile may face bills up to $1,589, indicating a range of potential costs.
Ownwell assists homeowners by offering property tax appeal services, helping to ensure that their homes are not over-assessed. By analyzing market trends and comparable property values, Ownwell can identify opportunities for reductions, potentially saving homeowners hundreds of dollars on their tax bills. This service is especially beneficial for those who feel their property taxes are disproportionately high compared to their home's market value.
Median Plainwell Tax Bill
$887
Median Kalamazoo County Tax Bill
$1,531
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Plainwell, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49080 | $495 | $662 | $887 | $1,226 | $1,589 |
Source: Ownwell